Corporate Organization

  • Michael G. Pappas
Chapter

Abstract

Because they are for profit, biotechnology and related companies in the healthcare industry are organized in a fashion similar to other small businesses, with a few excep tions. In the United States, there are two types of for profit organizations, termed noncorpo rate and corporate businesses, respectively. There are significant differences between these two types of for profit businesses in terms of liability and taxation. These busi ness types are described below.

Keywords

Insurance Coverage Shipping Mold Income Marketing 

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Pertinent Reading

Articles

  1. Pappas, M.G. 1991. Shifting economic climate expands various roles played by consultants in biotechnology.GEN 11:4. Google Scholar

Books

  1. The Biotechnology Directory 1992.by J. Coombs and Y.R. Alston. Stockton Press, New York, 1991.Google Scholar
  2. Business Law: Principles and Cases. by H.F. Lusk, C.M.Hewitt, J.D. Donnell, and A.J. Barnes. Richard D.Irwin, Homewood, IL, 1978.Google Scholar
  3. Keys to Incorporating.by S.A. Fox. Barron’s Educational Series, Hauppauge, NY, 1989.Google Scholar

Copyright information

© Springer Science+Business Media New York 1994

Authors and Affiliations

  • Michael G. Pappas
    • 1
  1. 1.Advanced Instruments Inc.NorwoodUSA

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